Is Erayak Power Stock a Good Investment?
Erayak Power Investment Advice | RAYA |
- Examine Erayak Power's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Erayak Power's leadership team and their track record. Good management can help Erayak Power navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Erayak Power's business and its evolving consumer preferences.
- Compare Erayak Power's performance and market position to its competitors. Analyze how Erayak Power is positioned in terms of product offerings, innovation, and market share.
- Check if Erayak Power pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Erayak Power's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Erayak Power Solution stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Erayak Power Solution is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Good | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Erayak Power Stock
Researching Erayak Power's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 21.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.04. Erayak Power Solution had not issued any dividends in recent years.
To determine if Erayak Power is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Erayak Power's research are outlined below:
| Erayak Power is way too risky over 90 days horizon | |
| Erayak Power appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 30.3 M. Net Loss for the year was (1.12 M) with profit before overhead, payroll, taxes, and interest of 3.7 M. | |
| Erayak Power generates negative cash flow from operations | |
| About 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: How Erayak Power Solution Group Inc. stock performs during market volatility - Free Access to Community with 300 percent Return - Newser |
Erayak Power uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Erayak Power Solution. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Erayak Power's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 20th of May 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Erayak Power's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 137.8 M.Market Cap |
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Erayak Power's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.04) | (0.04) |
Determining Erayak Power's profitability involves analyzing its financial statements and using various financial metrics to determine if Erayak Power is a good buy. For example, gross profit margin measures Erayak Power's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Erayak Power's profitability and make more informed investment decisions.
Please note, the presentation of Erayak Power's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Erayak Power's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Erayak Power's management manipulating its earnings.
Evaluate Erayak Power's management efficiency
Erayak Power Solution has return on total asset (ROA) of (0.0223) % which means that it has lost $0.0223 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0477) %, meaning that it created substantial loss on money invested by shareholders. Erayak Power's management efficiency ratios could be used to measure how well Erayak Power manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.02. The current year's Return On Capital Employed is expected to grow to -0.05. At present, Erayak Power's Non Currrent Assets Other are projected to decrease significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 10.7 M, whereas Total Assets are forecasted to decline to about 32.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.78 | 1.87 | |
| Tangible Book Value Per Share | 1.78 | 1.87 | |
| Enterprise Value Over EBITDA | 277.57 | 291.45 | |
| Price Book Value Ratio | 0.76 | 0.73 | |
| Enterprise Value Multiple | 277.57 | 291.45 | |
| Price Fair Value | 0.76 | 0.73 | |
| Enterprise Value | 24.9 M | 13.8 M |
The strategic vision of Erayak Power Solution management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Beta 0.109 |
Basic technical analysis of Erayak Stock
As of the 20th of July, Erayak Power shows the Semi Deviation of 5.03, mean deviation of 5.52, and Downside Deviation of 6.25. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Erayak Power, as well as the relationship between them.Erayak Power's Outstanding Corporate Bonds
Erayak Power issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Erayak Power Solution uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Erayak bonds can be classified according to their maturity, which is the date when Erayak Power Solution has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Erayak Power's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Erayak Power's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1985 | |||
| Market Risk Adjusted Performance | (2.84) | |||
| Mean Deviation | 5.52 | |||
| Semi Deviation | 5.03 | |||
| Downside Deviation | 6.25 | |||
| Coefficient Of Variation | 492.51 | |||
| Standard Deviation | 7.93 | |||
| Variance | 62.86 | |||
| Information Ratio | 0.1853 | |||
| Jensen Alpha | 1.67 | |||
| Total Risk Alpha | 0.4896 | |||
| Sortino Ratio | 0.2349 | |||
| Treynor Ratio | (2.85) | |||
| Maximum Drawdown | 45.97 | |||
| Value At Risk | (7.76) | |||
| Potential Upside | 15.0 | |||
| Downside Variance | 39.1 | |||
| Semi Variance | 25.31 | |||
| Expected Short fall | (6.65) | |||
| Skewness | 1.05 | |||
| Kurtosis | 2.73 |
| Risk Adjusted Performance | 0.1985 | |||
| Market Risk Adjusted Performance | (2.84) | |||
| Mean Deviation | 5.52 | |||
| Semi Deviation | 5.03 | |||
| Downside Deviation | 6.25 | |||
| Coefficient Of Variation | 492.51 | |||
| Standard Deviation | 7.93 | |||
| Variance | 62.86 | |||
| Information Ratio | 0.1853 | |||
| Jensen Alpha | 1.67 | |||
| Total Risk Alpha | 0.4896 | |||
| Sortino Ratio | 0.2349 | |||
| Treynor Ratio | (2.85) | |||
| Maximum Drawdown | 45.97 | |||
| Value At Risk | (7.76) | |||
| Potential Upside | 15.0 | |||
| Downside Variance | 39.1 | |||
| Semi Variance | 25.31 | |||
| Expected Short fall | (6.65) | |||
| Skewness | 1.05 | |||
| Kurtosis | 2.73 |
Consider Erayak Power's intraday indicators
Erayak Power intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Erayak Power stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Erayak Power time-series forecasting models is one of many Erayak Power's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Erayak Power's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Erayak Stock media impact
There is far too much social signal, news, headlines, and media speculation about Erayak Power that are available to investors today. This information is accessible both publicly - through Erayak Power's media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Erayak-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of Erayak Power news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Erayak Power relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Erayak Power's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Erayak Power alpha.
Erayak Power Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Erayak Power can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
When determining whether Erayak Power Solution offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Erayak Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Erayak Power Solution Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Erayak Power Solution Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Erayak Power Solution. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erayak Power. If investors know Erayak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erayak Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share (0.04) | Revenue Per Share | Quarterly Revenue Growth 0.688 | Return On Assets |
The market value of Erayak Power Solution is measured differently than its book value, which is the value of Erayak that is recorded on the company's balance sheet. Investors also form their own opinion of Erayak Power's value that differs from its market value or its book value, called intrinsic value, which is Erayak Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erayak Power's market value can be influenced by many factors that don't directly affect Erayak Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Erayak Power's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Erayak Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erayak Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.